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Updated about 10 years ago, 12/28/2014
Steps in closing a real estate deal
Quick question for anyone out there that can help me out with understanding the closing process. I'm currently trying to break into buying/selling land (raw parcels). I'm currently researching the closing process and would love any insight anyone has about the process. My plan is to start out buying smaller parcels and would therefore like to keep my costs as low as possible to start. When I finally find a plot, make an offer, and agree on a buying price with the seller how do I continue with the closing process? Do I NEED to hire an attorney or can I simply complete the process through a title company. I apologize if this question is a little too "basic", I'm a newbie so feel free to share ANY info, all responses are appreciated!